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|Council of|management
annual||report||||
|Independent|examiner's
report||to the members||||
|Statement|offinancial|activities|(including|income and expenditure|account)||
|Statement|offinancial|position|||||
|Notes to the financial||statements|||||
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||||
|Income and endowments||||||||
|Donations
and legacies|||5|17272||17,272|29,700|
|Other trading
activities|||6|17,389||17,389|29,689|
|Investment
income|||7|468||468|809|
|Total income||||35,129||35,129|60,198|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs of raising donations||and||||||
|legacies|||8|17,235||17,235|34,137|
|Expenditure
on charitable|activities||9,10|11,617|17,516|29,133|58,681|
|Total expenditure||||28,852|17,516|46,368|92,818|
|Transfer||||(8,616)|8,616|||
|Net expenditure
and net|movement||in|||||
|funds||||(2,339)|(9,900)|(11,239)|(32,620)|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||87,038|22,660|109,698|142,318|
|Total funds carried forward||||84,699|13,760|98,459|109,698|
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|Donation|s
and legacies||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||F|E||
|Donations|||||
|Amanda|Michel fund||||
|Raymond|Blakey Fund||||
|Sponsorship|||||
|Members|and associates|14,908||14,908|
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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2020|
||||||E||
|Subscriptions|||||||
|Subscriptions||and application|fees|2,364||2,364|
|||||17,272||17,272|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2019|
|||||E|E|E|
|Donations|||||||
|Amanda|Michel fund||||7,780|7,780|
|Raymond|Blakey Fund||||1,773|1,773|
|Sponsorship|||||||
|Members|and|associates||19,488||19,488|
|Subscriptions|||||||
|Subscriptions||and application|fees|659||659|
|||||20,147|9,553|29,700|
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|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|2020|Funds|2019|
|||||E|||E|
|Sales of|publication||and sundry|||||
|receipts||||689|689|1,465|1,465|
|Conference||income||4,805|4,805|11,121|11,121|
|Advertising||revenue||||2,376|2,376|
|Journal|income|||11,895|11,895|12,967|12,967|
|Fellows|Dinner|||||1,760|1,760|
|||||17,389|17,389|29,689|29,689|
|Investme|nt|income||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2020
f|Funds|2019|
|Bank interest receivable||||468|468|809|809|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2020|Funds|2019|
||||E||||
|Opening|stock||750|750|833|833|
|Journal|printing||9,900|9,900|16,213|16,213|
|Closing|stock||(675)|(675)|(750)|(750)|
|Honorarium||- editor|6,544|6,544|6,353|6,353|
|Fellows'|Dinner||||2,213|2,213|
|Conference||expenditure|343|343|8,905|8,905|
|Subscription||- IULTCS|373|373|370|370|
||||17,235|17,235|34,137|34,137|
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|Expendit|ure
on charitable|activities
by fun|d type|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds
E|Funds
E|2020
f|
|Heritage|project - archiving|||11,700|11,700|
|Payment|to Northampton|University||1,411|1,411|
|Raymond|Blakey Fund||1,746|4,405|6,151|
|Support|costs||9,871||9,871|
||||11,617|17,516|29,133|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2019|
||||E|f|f|
|Heritage|project - archiving|||||
|Payment|to Northampton|University||46,995|46,995|
|Raymond|Blakey Fund|||1,500|1,500|
|Support|costs||10,186||10,186|
||||10,186|48,495|58,681|
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|Expendit|ure|on charitabl|e
activities|by activity type||||
|---|---|---|---|---|---|---|---|
|||||Activities||||
|||||undertaken|Support|Total funds|Total fund|
|||||directly
E|costs
E|2020
f|2019
E|
|Heritage|project - archiving|||11,700||11,700||
|Payment|to|Northampton|University|1,411||1,411|46,995|
|Raymond|Blakey Fund|||6,151||6,151|1,500|
|Governance||costs||||9,871|10,186|
|||||19,262|9,871|29,133|58,681|
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|11.|Analysis of|s|uppor|t co|sts|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Unrestricted|||||
|||||||||||||Funds|Total 2020|Total|2019|
|||||||||||||E|||E|
||Staff costs|||||||||||5,163|5,163||5,012|
||Communications
and IT|||||||||||849|849||1,026|
||Finance costs|||||||||||2,512|2,512||2,040|
||Travelling
and||meeting|||||||||53|53||14|
||Sundry expenses|||||||||||133|133||314|
||Depreciation|||||||||||318|318||479|
||Bank charges|||||||||||301|301||382|
||Postage and|carriage||||||||||638|638||769|
||Other legal and professional|||||||||||264|264||150|
|||||||||||||10,231|10,231|10,186||
|12.|Net expenditure|||||||||||||||
||Net expenditure
is stated||||after||charging/(crediting):|||||||||
||||||||||||||2020|2019||
||||||||||||||||F|
||Depreciation|oftangible|||fixed||assets||||||318||479|
|13.|Independent||examination|||fees||||||||||
||||||||||||||2020
f|2019||
||Fees payable||to the independent|||||examiner for:||||||||
||Independent|examination|||ofthe financial|||||statements|||2,372||1,980|
|14.|Staff costs|||||||||||||||
||The total staff||costs|and|employee|||benefits for|||the reporting|period are|analysed
as follows:|||
||||||||||||||2020|2019||
||Wages and salaries||||||||||||11,346|11,365||
||The average||head|count|of|employees||||during|the year was 2 (2019:||2).The average|number
of||
||full-time
equivalent|||employees|||during||the year||is analysed|as follows:||||
||||||||||||||2020|2019||
||||||||||||||No.|No.||
||Administration||staff||||||||||2||2|
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|16.|Tangible fixed|asset|s|||
|---|---|---|---|---|---|
||||||Plant and|
||||||machinery|
||||||etc|
||Cost|||||
||At 1 January|2020 and 31 December 2020|||10,348|
||Depreciation|||||
||At 1 January 2020||||9,429|
||Charge for the|year|||318|
||At 31 December 2020||||9,747|
||Carrying
amount|||||
||At 31 December 2020||||601|
||At 31 December 2019||||919|
|17.|Stocks|||||
|||||2020|2019|
||||||E|
||Raw materials|and consumables||675|750|
|18.|Creditors: amounts||falling due within one year|||
|||||2020|2019|
||||||E|
||Trade creditors|||312|427|
||Accruals and deferred||income|5,129|4,702|
||Social security|and other taxes||197|190|
|||||5,638|5,319|
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|||||At|||||At|
|---|---|---|---|---|---|---|---|---|---|
|||1|January|20||||31|Decembe|
|||||20|Income|Expenditure|Transfers||r2020|
||||E|||F|E||E|
|General|funds||87,038||35,129|(28,852)|(8,616)||84,699|
|||||At|||||At|
|||1|January|20||||31|December|
|||||19|Income|Expenditure|Transfers||2019|
||||E||E||E||E|
|General|funds||94,716||50,645|(44,323)|(14,000)||87,038|
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|Restricte|d funds||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 January 20||||31 Decembe|
|||20|Income|Expenditure|Transfers|r2020|
|||E|E|E|E||
|Heritage|Fund|6,976||(11,700)|7,922|3,198|
|Amanda|Michel fund|1,411||(1,411)|||
|Raymond|Blakey fund|14,273||(4,405)|694|10,562|
|||22,660||(17,516)|8,616|13,760|
|||At||||At|
|||1 January
20||||31 December|
|||19|Income|Expenditure|Transfers|2019|
|||E|E|E||E|
|Heritage|Fund|6,976||||6,976|
|Amanda|Michel fund|40,626|7,780|(46,995)||1,411|
|Raymond|Blakey fund||1,773|(1,500)|14,000|14,273|
|||47,602|9,553|(48,495)|14,000|22,660|
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|Analysis of net as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||F|E||
|Tangible fixed assets||601||601|
|Current assets||89,736|13,760|103,496|
|Creditors less than|1 year|(5,638)||(5,638)|
|Net assets||84,699|13,760|98,459|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2019|
||||E|E|
|Tangible fixed assets||919||919|
|Current assets||91,438|22,660|114,098|
|Creditors less than|1 year|(5,319)||(5,319)|
|Net assets||87,038|22,660|109,698|